Code of Federal Regulations · Section
§ 14.408-3 — 14.408-3 Prompt Payment Discounts
48 C.F.R. § 14.408-3
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(a) Prompt payment discounts shall not be considered in the evaluation of bids. However, any discount offered will form a part of the award, and will be taken by the payment center if payment is made within the discount period specified by the bidder. As an alternative to indicating a discount in conjunction with the offer, bidders may prefer to offer discounts on individual invoices.
(b) See 32.111(b)(1), which prescribes the contract clause at 52.232-8, Discounts for Prompt Payment.
Authorizing Statute
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Powers of the Administration in performance of functions51 U.S.C. § 20113
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Administrative40 U.S.C. § 121
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Chapter 137 legacy provisions10 U.S.C. § 3016